How the company should prepare its financial statements (Going Concern or Non Going Concern) for the year ending 31st March 2014, if it is finalised to be sold in Aug or Sept 2014. Company is continuing its business normally from 1st April 2014 to till date and its assets are in continuous use for production of items sold by it. The would transfer all its assets in Aug/Sept 2014 and would continue to exist without any business. That is why the question to know whether Mar 2014 financials should be prepared by company on going concern or non-going concern basis.
More response please.

please tell me about suggested answer of audit and assurance,it&sm june 2014,thanks

How to make audit for production based companies like injection molding, plastics ?.....

what are tax implications of buying share of a company having shares of some other company bought at less than FMV (before 56(2)vii was applicable
please reply at rishabhrj18@gmail.com

TDS need to deduct OR Not for Payment of Rs. 1,77,000 as Interest on Credit Purchases by A HUF Proprietorship Firm?

Supplier says, since it is Proprietorship Firm, there is no need to deduct TDS. But I doubt, Supplier want to take advantage of Ignorance of Buyer.

Will Buyer comes under fault if he does not deduct TDS and deposit to Department in such case?

UNDER TAX AUDIT IT IS REQUIRE TO STOCK AND ASSET VERIFICATION

TDS need to deduct OR Not for Payment of Rs. 1,77,000 as Interest on Credit Purchases by A HUF Proprietorship Firm?

Supplier says, since it is Proprietorship Firm, there is no need to deduct TDS. But I doubt, Supplier want to take advantage of Ignorance of Buyer.

Will Buyer comes under fault if he does not deduct TDS and deposit to Department in such case?

If sales made through agent to whom commission is payable.... In that case Is it necessary that in sales bills name of agents is written?

How we can check that in auditing??

Can a proprietor considered his new activa booking expanse in his account as other expanse??


And what is importance of head of expanse??
If legal expanse I treat as other expanse any problem over accounting??

Dear all

Please let me the ways of how to increase the cash in hand bonafidely.


Regards
Pradeep Kumar